Cleaning up from a storm is typically an arduous task. Nearly a month after Hurricane Irma took direct aim at Central Florida, recovery is still underway. The effort will bring a number of expected as well as unforeseen challenges for local businesses.
Stage one of the recovery process centered on getting back to business – making sure the employees are safe and getting the operation back up and running. Most companies are now through this, and experiencing obstacles that don’t often get a lot of attention.
CFO Strategic Partners tested the waters and asked clients, colleagues and partners how Hurricane Irma impacted forecasted Q4 earnings. Our survey found most companies predict Q4 earnings will remain relatively unchanged. However, could those business owners be slightly overconfident?
Here’s a list of hurdles to keep tabs on:
The winds of Hurricane Irma have long since past, but the storm will have a lasting effect on many Florida businesses. CFO Strategic Partners, with its team of highly trained CFOs and tremendous experience in multiple industries, can help businesses through natural and man-made disasters.
As the fourth quarter starts, get CFO’s “Power of Many’’ to give you a boost for the coming year.Tags: Accounting, budgets, business, Business Challenges, Business Owner, Business Owners, Business Practices, Ceo, Cfo, Cfo Resource, Chief Financial Officer, Financial Management, Financial Professional, Financial Projections, Financial Success, Knowledgeable Professional, Part Time Cfo, Strategic Partnering, Strategic Partners, Strategic Plan, Strategy
“Our organization was navigating an intense transition involving our government funding partners and public officials. Without the help of CFOSP, we would have experienced severe financial impacts and certainly lost donor confidence.”
CEO Central Florida Historical Society
“I applaud the stellar support provided by our CFO in embracing and understanding our budget priorities and operations that entail hundreds of financial transactions each month and several millions of dollars in expenditures annually. The nature of our business is very complex, yet your firm did not shy away from the challenge of establishing accounting processes and procedures that will sustain us well into the future.”
Kissimmee Chamber of Commerce, Experience Kissimmee
“…The services they have provided have tripled my bottom line, giving us serious profit levels that have helped fund company growth…”
President, Engineering Firm
“There is no limit to the value of the collective experience that the CFO team brings to the table. Their expertise in debt management, tax reporting, cost of funds, and in-depth analysis has been more than I could have hoped for…”
CEO/President, Hotel Corporation
“Since we began working with CFO Strategic Partners, we’re in the best financial position we’ve ever been in… CFO gives my staff and myself financial peace of mind so we can focus on clients and business at hand.”
CEO, Insurance Agency
“With CFO as our partner, we’re able to see the total picture…. Through their expertise, we’re receiving the highest level of educated financial planning that will propel us into the future.”
President, Florida Architectural Firm